Legal &amp; Regulation en Chapter 2: Regulations & compliance <p><em><strong>US hedge fund managers face significant regulatory requirements, which this chapter cannot possibly cover in detail. But there are a few key areas of particular import, which shall be summarised below. In addition, this chapter will highlight some of the key considerations for implementing a compliance manual; a must-do task for any ambitious start-up manager who intends to incorporate best practices from the get-go and place themselves in the best possible light with prospective investors.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:41:20 +0000 mkitchen 239550 at Financial budgeting: One chance to succeed <p><em><strong>Planning a hedge fund launch is a serious business. People need to decide whether they are truly ready, both financially and mentally, and be confident in their investment strategy. This may sound trite but all too often start-ups rush to get a hedge fund in place without clearly thinking everything through.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:37:28 +0000 mkitchen 239549 at Structuring a tax-efficient hedge fund <p><em><strong>When embarking on any new business, it&#39;s important that one not only engages professionals with deep industry knowledge but also commercial knowledge to support the various stages of business growth. For anyone establishing a hedge fund, their needs are going to change as their business evolves from launch to maturity.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:22:43 +0000 mkitchen 239548 at Chapter 1: Legal & tax structuring <p><em><strong>The two key questions that will drive fund structuring decisions are: Where is the money coming from and what do you want to do with it?</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:17:53 +0000 mkitchen 239547 at Cunningham Commodities and Salvatore Carmen Russo pay USD150,000 to settle CFTC charges <p><strong><em>The US Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Cunningham Commodities, LLC (Cunningham), a registered Futures Commission Merchant (FCM) based in Chicago, Illinois.&nbsp;</em></strong></p> <p><a href="" target="_blank">read more</a></p> North America Legal & Regulation Tue, 10 May 2016 08:12:06 +0000 Leah.Cunningham 239314 at CFTC approves final rule on amendments to the swap portfolio reconciliation requirement <p><strong><em>The US CFTC has approved a final rule to amend a requirement that swap dealers (SD) and major swap participants (MSP) exchange the terms of swaps with their counterparties for portfolio reconciliation so that SDs and MSPs need only exchange the &ldquo;material terms&rdquo; of swaps.&nbsp;</em></strong></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Tue, 03 May 2016 08:34:36 +0000 Leah.Cunningham 239052 at Moore’s Law and financial reporting - KNEIP’s Delphine Leruth considers how technological advances are impacting regulatory reporting requirements… <p><em><strong>The theory behind Moore&rsquo;s Law is that computer processing power doubles every two years. And whilst technology advancements are benefiting global industry at large, within asset management it is beginning to blur the lines with respect to data and the myriad reports that regulators have required within recent years.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Wed, 27 Apr 2016 11:10:04 +0000 mkitchen 238935 at Seventh heaven - KNEIP's Mario Mantrisi highlights seven good reasons for fund managers to consider a PRIIPs implementation strategy… <p><em><strong>On 31 December, 2016 the Financial Industry will go live with PRIIPs regulation. The regulation will introduce the Key Investor Document (KID), a maximum three-page document, written in plain language that must be shared with all retail investors before they enter into a contractual agreement on any Packaged Financial and Insurance based product.</strong></em></p> <div class="field field-type-text field-field-replacement-label"> <div class="field-items"> <div class="field-item odd"> In Focus </div> </div> </div> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Thu, 14 Apr 2016 14:27:56 +0000 mkitchen 238474 at Beneficial ownership agreement re-affirms commitment to combatting global financial crime <p><em><strong>Geoff Cook (pictured), Jersey Finance CEO, comments on David Cameron&rsquo;s announcement of an agreement by the Crown Dependencies and Overseas Territories to provide beneficial ownership information to the UK Government&hellip;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Tue, 12 Apr 2016 08:49:23 +0000 mkitchen 238362 at The fight against money laundering and tax evasion must be truly international, argues IFC Forum <p><strong><em>The publication of the Panama Papers has raised serious questions about global compliance with international regulatory standards, and it is apparent that some jurisdictions have fallen markedly behind in the global efforts to combat money laundering and tax evasion.</em></strong></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Thu, 07 Apr 2016 14:21:14 +0000 Leah.Cunningham 238241 at Sadis & Goldberg LLP - Best Global Law Firm <p><em><strong>Sadis &amp; Goldberg LLP is one of New York&#39;s leading financial services focused law firms. Known both domestically and internationally as a dominant force in the financial services sector, Sadis &amp; Goldberg serves clients throughout the world and was recently ranked as one of the top five law firms for hedge fund launches in the 2016 Preqin Global Hedge Fund Report.</strong></em>&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Services Tue, 05 Apr 2016 11:40:20 +0000 mkitchen 238135 at DMS Offshore Investment Services - Best Offshore Regulatory Advisory Firm <p><em><strong>DMS Offshore Investment Services specialises in providing global fund governance with the firm best regarded for the provision of offshore independent directors in the Cayman Islands. The second core business line is its UCITS and AIFMD management company and platform based in Dublin and Luxembourg. The interest in the platform has accelerated this year to the point where the management company has secured more than 60 fund mandates with close to 40 launched.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Compliance Legal & Regulation Tue, 05 Apr 2016 11:04:51 +0000 mkitchen 238124 at Rebuilding Swiss investor confidence in hedge funds <p><em><strong>Oligo Swiss Fund Services received its license from the Swiss authorities 13 months ago to provide Swiss legal representative services and has already onboarded more than 200 funds registered for distribution to Swiss qualified investors. These include offshore hedge funds, UCITS-compliant hedge funds and private equity funds.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Fund administration Compliance Legal & Regulation Thu, 24 Mar 2016 10:31:42 +0000 mkitchen 237820 at CISA proves successful within 12 months <p><em><strong>It is now one year in to the Swiss Collective Investment Scheme Act (CISA) and overall impressions appear to be that it has been a success. One particular aspect of CISA, namely the requirement for alternative fund managers marketing their funds in Switzerland to &quot;unregulated qualified investors&quot; (eg pension funds, family offices) to appoint a Swiss Fund Representative and Paying Agent, has proven to be no more than a mild shower in a teacup.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Fund administration Legal & Regulation Thu, 24 Mar 2016 10:22:22 +0000 mkitchen 237818 at Regulations improve Swiss investor confidence in hedge funds <p><em><strong>There was a degree of trepidation among foreign hedge funds when Switzerland formerly introduced a revised version of the Collective Investment Scheme Act (CISA) on 1&nbsp;March 2015, bringing hedge funds under the watch of FINMA, Switzerland&#39;s financial regulator, for the first time.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Thu, 24 Mar 2016 09:25:13 +0000 James.Williams 237808 at